1649 Edith Esplanade, Cape Coral, FL 33904
Local realty services provided by:ERA Real Solutions Realty
Listed by: phil derry
Office: re/max realty team
MLS#:2026017519
Source:FL_GFMB
Price summary
- Price:$735,000
- Price per sq. ft.:$459.38
About this home
Priced below appraised value, this exceptional gulf access property features direct canal frontage with no bridges, offering deep water access and quick, easy passage to open water and the Gulf of Mexico.
Nestled on Bikini Basin in an exclusive neighborhood surrounded by multi-million dollar homes, the property includes a spacious lot with water views of both the river and basin from the front and back. The existing duplex did not flood during Hurricane Ian and can remain as-is or be easily converted into a 4-plex, providing excellent flexibility for owners or investors.
Recently appraised in April 2026 for $750,000, the property is zoned for multi-family use with approvals to build up to 10 units. This makes it the perfect location for building your spacious dream home, developing a multi-unit investment property, or creating a profitable vacation rental/Airbnb opportunity. Enjoy convenient river access and quick proximity to Fort Myers, combining prime waterfront living with strong income potential....
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Home facts
- Year built:1961
- Listing ID #:2026017519
- Added:22 day(s) ago
- Updated:May 07, 2026 at 02:49 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Tile
- Living area:1,600 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1961
- Building area:1,600 sq. ft.
- Architectural Style:Duplex
- Construction Materials:Block, Concrete, Stucco
- Exterior Features:Patio, Room For Pool, Sprinkler Irrigation, Water Feature
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$735,000
- Price per sq. ft.:$459.38
- Tax amount:$9,128 (2025)
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